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Solana's traffic jam 🚦

Solana's traffic jam 🚦

Solana tumbled as congestion issues plagued the network.

Stephen Graves
April 05, 2024

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📝 What you need to know

Solana (SOL) saw the biggest losses among the top 10 cryptos Friday, as congestion issues snarled up the network. Prominent Solana tokens, including Wormhole (W), Jupiter (JUP), and the meme coins Dogwifhat (WIF) and BONK, also posted losses.

📰 Top Stories

Solana Price Falls Amid Network Congestion as Wormhole Plunges After Airdrop

Solana is the biggest loser in the top 10 coins amid network issues, but tokens running on the network are falling harder.

Dogwifhat Down Double-Digits as Meme Coins Retrace Last Week's Gains

Solana-based meme coin WIF continued to retrace from last week's all-time high, as the broader meme coin category posted losses.

PayPal Enables Stablecoin-To-Fiat Option for International Money Payments

PayPal now lets users in the U.S. convert its native stablecoin to dollars in order to make international payments.

💬 Quote of the Day

❝

dealing with congestion bugs sucks so much more than total liveness failure. the latter is one and done, bug is identified and patched and chain continues. the former has to go through the full release and test pipeline. shipping fast is impossible 😭😭😭

- Anatoly Yakovenko

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